H Company Accounts Receivable Risk Management Research

In the domestic worrying credit status quo,debt collection has become a major obstacle to the development of enterprises.In order to occupy a place in the market,having more customers,enterprises have to take "first market after the profit" of the credit strategy.Over time the enterprise accounts receivable accumulation drag more serious.Enterprises dragged on,once the formation of a chain of bad debts,is bound to bring serious business cash flow problems.Accounts receivable credit risk caused can't be overlooked,many companies suffer a lot.H company as a set of retail chain,electronics manufacturing,Internet finance,real estate development plus financial equity investment of listed companies,also encountered bad debts.Facing a potential bad debt crisis,enterprises imperative should raise the risk management awareness,strengthen the accounts receivable risk management,which is also the H company needs remediation.This paper takes the research method of normative research and case study,combined with the current situation of risk management of accounts receivable of H company,and takes the bad debt crisis of the initial listing of the company as the reference,and makes a longitudinal comparison with the recent status of the company's accounts receivable and reference period.Found that H company accounts receivable risk management effect is not good enough,there are still some problems.Through the analysis of the causes of these problems,we finally propose to optimize the existing risk management system of accounts receivable.The main recommendations of this paper are as follows: First,H company should establish an independent credit management department to manage the risk of accounts receivable,including pre-control,event tracking and post-management of the three links.Second,H companies should improve the accounts receivable prior control links,including the establishment of customer credit file process,credit evaluation decision-making process and the corresponding monitoring and rewarding mechanism to implement.Third,improve the accounts receivable in the tracking,including the establishment of a regular reconciliation system,accounts receivable settlement risk prevention,bad debts and aging of the feasibility analysis,the implementation of the purchase and sale contract management system.Fourth,improve the management of accounts receivable afterwards,including a clear collection of accounts receivable responsibility system,a clear and reasonable collection process and the specific collection methods,the establishment of the corresponding accounts receivable debt risk transfer mechanism.Fifth,correctly establish the risk awareness,strengthen the risk management system.